adrianc
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Post by adrianc on Jul 12, 2017 12:47:53 GMT
The "No" choice(s) probably ought to have balances, too.
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r1200gs
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Post by r1200gs on Jul 12, 2017 12:58:51 GMT
I have two accounts. The lower value account has an invite yet the higher does not, although the lower value account has been established the longest.
Bit far to go for me though, to say the least!
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Post by Paul64 on Jul 12, 2017 13:08:32 GMT
Hi all, as per previous posts on the forum, we are extending an invitation to all of our investors to stop by and say hello at the Lendy Lounge if they're in Cowes for the week from Saturday, July 29 until Saturday, August 5. Further information is being sent to all investors about the week shortly. The official investor day is set for Monday July 31 2017 where, for health and safety reasons, we are limited on numbers, but we still have some places left so please let me know if you are planning to come. Paul Lendy Support |
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r1200gs
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Post by r1200gs on Jul 14, 2017 11:38:09 GMT
Of the 65 respondents so far, most have not received an invitation. Of the nine that have, six have £100k to £499k invested indicating (as expected) a clear preference for larger investors. (The one with less than £500 invested may be an incorrect response; that, or some discretionary invitation by Lendy.) JMO, but the threshold for an invitation may be £80k or so. That doesn't explain those respondents with more who haven't received an invite, but that could be for a number of reasons (e.g. those with large amounts split between multiple accounts that Lendy doesn't know are affiliated, or anyone called cooling_dude  ). Well, if I was Lendy and had limited places for the Monday, who would I invite? Hmmm:  That said, I have two accounts and both have similar amounts of around £200,000 yet only one invite, so who knows what criteria they are using? I, for one, would not be spending bubbly on £500 investors. Sorry guys! (Ducks and runs)....
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elliotn
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Post by elliotn on Jul 14, 2017 12:19:22 GMT
Well, if I was Lendy and had limited places for the Monday, who would I invite? Hmmm: That said, I have two accounts and both have similar amounts of around £200,000 yet only one invite, so who knows what criteria they are using? I, for one, would not be spending bubbly on £500 investors. Sorry guys! (Ducks and runs).... There may be another facet to consider and that is account history. If those £500 investors were once £50,000 investors, I'd be wanting to get close to them even at the expense of the £200,000 investors. Chances are those £200k investors are maxed out. There's a possibility those identified former £50k investors have £49,500 to bring back to the platform.... In a nutshell, yes!
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r1200gs
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Post by r1200gs on Jul 14, 2017 12:29:02 GMT
Well, if I was Lendy and had limited places for the Monday, who would I invite? Hmmm: That said, I have two accounts and both have similar amounts of around £200,000 yet only one invite, so who knows what criteria they are using? I, for one, would not be spending bubbly on £500 investors. Sorry guys! (Ducks and runs).... There may be another facet to consider and that is account history. If those £500 investors were once £50,000 investors, I'd be wanting to get close to them even at the expense of the £200,000 investors. Chances are those £200k investors are maxed out. There's a possibility those identified former £50k investors have £49,500 to bring back to the platform.... I suppose so, but neither of my accounts have any significant withdrawal history and I really don't see why anybody would assume that somebody with £200,000 on the platform would be maxed out as you put it. But yes, if I had an investor who had withdrawn significant funds in the past, I might be offering him a drop of bubbly. Hmmm....Wonder when FS will be dropping me an invite? 
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r1200gs
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Post by r1200gs on Jul 14, 2017 12:51:08 GMT
I suppose so, but neither of my accounts have any significant withdrawal history and I really don't see why anybody would assume that somebody with £200,000 on the platform would be maxed out as you put it. But yes, if I had an investor who had withdrawn significant funds in the past, I might be offering him a drop of bubbly. Hmmm....Wonder when FS will be dropping me an invite? Ah - apologies. Having re-read my post, I can now see that one may think I'm suggesting Lendy have actually thought about that approach. Based on recent decisions and feature deployments, one thing I would not accuse Lendy of is logical, considered or joined-up thinking. Yes, and that's what worries me. All this bonus and cash back palaver has not reassured me and neither will some free bubbly. I do have funds to invest, but a free drop of bubbly isn't going to cut it. And now we have a bonus and cashback system I don't understand, at least not yet. It's all starting to smack a little of desperation.
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Post by loftankerman on Jul 14, 2017 13:05:13 GMT
It makes sense to send invitations to those whose investment levels suggest they could probably afford the time and expense involved. I thoroughly approve of anything that filters me out. I get several invitations a year to events that are less appealing than sticking needles in my eyes. Thankfully, this isn't another one.
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GeorgeT
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Post by GeorgeT on Jul 14, 2017 14:38:50 GMT
I fall into the most popular category in the poll and have voted accordingly, but previously I was a bigger player. If LY were noting account action and looking to reverse trends and rebuild confidence you might expect them to be thinking "GeorgeT is a guy with more funds than he has invested, he is withdrawing regularly and must be investing it somewhere else. So let's do everything we can to get GeorgeT along and butter him up with some smooth talk and fizzy water and then see if he's interested in some free entertainment from a nubile young lady." But nope, I haven't been invited. Mistakes are bound to happen though - unfortunately I heard C_D's invitation didn't arrive because LY accidentally put it into their office waste bin instead of the post tray.  |
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Liz
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Post by Liz on Jul 14, 2017 15:41:27 GMT
There may be another facet to consider and that is account history. If those £500 investors were once £50,000 investors, I'd be wanting to get close to them even at the expense of the £200,000 investors. Chances are those £200k investors are maxed out. There's a possibility those identified former £50k investors have £49,500 to bring back to the platform.... In a nutshell, yes! They haven't tried to win my business back. I am down over £70K from my maximum amount invested.
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Liz
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Post by Liz on Jul 14, 2017 15:47:26 GMT
Ah - apologies. Having re-read my post, I can now see that one may think I'm suggesting Lendy have actually thought about that approach. Based on recent decisions and feature deployments, one thing I would not accuse Lendy of is logical, considered or joined-up thinking. Yes, and that's what worries me. All this bonus and cash back palaver has not reassured me and neither will some free bubbly. I do have funds to invest, but a free drop of bubbly isn't going to cut it. And now we have a bonus and cashback system I don't understand, at least not yet. It's all starting to smack a little of desperation. I too don't like or understand all the new complicated cashback and bonus schemes. I always liked Lendy due to simplicity, now that has gone out of the window. I think they bit off more than they could chew with some of these big DFL's. The one's that have a bonus scheme are the DFL's I would want to avoid for a number of reasons.
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spiral
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Post by spiral on Jul 15, 2017 6:37:16 GMT
If they start offering CB for subsequent tranches of big developments, won't that just lead to people not investing initially and waiting for the CB tranches?
This would mean initial funds would need to come with a CB too in order to fill which will mean that later tranches will need a higher CB which will mean ..................................
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ablender
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Post by ablender on Jul 15, 2017 7:38:05 GMT
Is there a course (online or otherwise) which teaches the new Lendy way?
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).
That said, I have two accounts and both have similar amounts of around £200,000 yet only one invite, so who knows what criteria they are using? I, for one, would not be spending bubbly on £500 investors. Sorry guys! 
